Choptank Transport, a Maryland-based, third-party logistics company, is pleased to announce it is getting ready to open its newest sales office in Baltimore, Maryland. Located near the popular neighborhood of Federal Hill, with its great restaurants, quaint stores, and well-known Cross Street Market, the location will be convenient for employees seeking a career downtown or within walking distance of the light rail.
Last week we talked about the skyrocketing prices the spot load market is seeing in freight and transportation costs. Shippers are bearing the brunt of these elevated rates and are having to rethink the way they arrange the movement of their goods so all their profits don't fly out the window.
Want to know what's going on in the transportation and logistics industry? Choptank shares firsthand what's happening regarding recent trends, changes in rates and fuel, capacity insights, and more in its monthly report. Ship & Transport #Market Report_1217
With 15.5 million trucks on the road the United States, it is a good bet to say that the ELD mandate is going to have an impact on capacity when December 18, 2017 arrives. Reports vary on exactly how many drivers and fleet owners are ready. Even if just a fraction of the trucks on the road today are put out of commission as a result of the mandate, the trickle-down effect to the economy could be quite significant, especially when more severe penalties go into effect after April 1, 2018. Read about rate predictions associated with the ELD mandate.
Choptank Transport, an award-winning, nationwide third-party logistics (3PL) provider announced today that it has joined the Blockchain in Trucking Alliance (BiTA) to help shape the future of logistics technology.
Curious about what's going on in the industry with wildly fluctuating prices and capacity all over the map? Check out our recent transportation industry market report.